2, STRACHAN CLOSE, MOUNTSORREL, LOUGHBOROUGH, LE12 7FJ - £304,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 STRACHAN CLOSE is a midsized extended detached house of 114m², built sometime between 1991 and 1995, which could now be worth an estimated £383,276. It was last sold for £304,500 in December 2018, which was around 8% below the average December 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

2 STRACHAN CLOSE Sold Prices

Land registry data shows three sales for 2 STRACHAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Two of the three 2 STRACHAN CLOSE sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 13 DEC	£304,500	£330,674	8% below HPI
2014 26 SEP	£234,950	£259,111	9% below HPI
2002 31 MAY	£161,000	£148,514	8% above HPI

2 STRACHAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 2 STRACHAN CLOSE sales between May 2002 and December 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 STRACHAN CLOSE be worth now?

2 STRACHAN CLOSE might now be worth an estimated £383,276.

This is based on house price inflation of 25.9%, between December 2018 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.9% inflationary increase is applied to the most recent sale price for 2 STRACHAN CLOSE of £304,500 on 13th December 2018. For the value to have increased from £304,500 to £383,276 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 STRACHAN CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The December 2018 sale price of £304,500 represented a fair market value for the property.
• The size, condition, and specification of 2 STRACHAN CLOSE has not materially changed since December 2018.

How Large is 2 STRACHAN CLOSE?

2 STRACHAN CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mountsorrel, and where 2 STRACHAN CLOSE lies on this distribution: 56% of detached houses houses are smaller than 2 STRACHAN CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

2 STRACHAN CLOSE: Plot and Title Map

2 STRACHAN CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 STRACHAN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 STRACHAN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 STRACHAN CLOSE?

2 STRACHAN CLOSE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 2 on STRACHAN CLOSE.